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1. INTRODUCTION
Properties under management owned by a
private landlord are, in the large majority of cases, either the
landlord's own private residence or have been purchased
specifically as an investment for the rental market.
Private landlords are generally seeking tenants for
anything from a period of 6 months to several years, at the end of
which they either return to occupy their home or place their
property on the market. Investment
landlords are hoping to achieve continuous tenanting of their
properties, either with a succession of shorter tenancies or one
long period of occupation.
In each case, the owner/landlord has
instructed us to act on their behalf in their absence and to seek
suitable tenants who will enjoy a mutually satisfactory occupancy
of their property.
We
would take this opportunity, therefore, of providing you with
guidance notes relating to a proposed tenancy.
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2. GETTING STARTED
Having viewed the property and arrived at a
decision to make application to rent we require all applicants to
complete a referencing form, which will then be processed to
verify the information provided.
The basic application fee is payable by each applicant and
must be paid at the time of application.
The submission of the referencing application is no guarantee of
tenancy. A final
decision as to whether or not a tenancy can proceed will depend on
responses received and will be made in consultation with the
landlord.
You will be required to provide personal
details ranging from name and address to occupation and salary.
You will be asked to provide financial, employer and
character references as we can only agree to a tenancy subject to
satisfactory replies from those referees.
Our investigations will also include a search of the credit
registers to establish your financial credibility and contacting
your previous landlord / agent if you were previously a tenant.
These are routine procedures taken to protect all parties.
Should you have County Court Judgements
registered against you it may prove impossible to grant you a
tenancy, unless satisfactory evidence of the clearance of debt is
produced prior to the commencement of the tenancy.
Should you be unable to provide satisfactory
references or credit checks you may still be offered a tenancy
subject to a satisfactory guarantor being provided.
The guarantor will need to provide satisfactory references
and credit checks and will be expected to sign a form to guarantee
your legal commitments in the tenancy, including payment of rent.
Given satisfactory replies to enquiries you
will be offered the tenancy of the property, subject only to the
terms of the tenancy agreement, the payment of the deposit, the
agreed advanced rent and the landlord’s agreement that the
tenancy can proceed.
IDENTIFICATION.
To support your application you will need to provide two
forms of identification. These
could be a birth certificate, full driving licence, full 10 year
passport or new style national insurance card.
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3. DEPOSITS AND RENT
A security deposit is required for all
tenancies and is equal to one or one and a half months rent. This
deposit is in addition to the advanced rent payment required.
Should rent and deposit be paid by cheque we
must have at least 7 banking days to allow for clearance.
Alternatively you may pay by cash, bankers draft or debit card, if
that facility is available.
The
deposit acts as security for the performance of your obligations
as a tenant under the tenancy agreement.
This deposit will be returned to you at the end of the
tenancy term without interest and subject to a deduction for
damage or any other deductions that may be necessary to compensate
the landlord for any breach of the tenancy agreement.
The
same security deposit is required from Housing
Benefit Tenants. Should the property be covered by the Bond
Board and you wish to apply for a Bond, we MUST have confirmation,
in writing, that this has been agreed before the tenancy can
commence.
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4. DEDUCTIONS FROM THE DEPOSIT
Should we need to replace items on the
inventory or clean the house at the end of the tenancy, or if
there has been a breach of the tenancy agreement, the return of
your deposit will be delayed until all items are valued and
replaced / cleaned. In
any case we will aim to return your deposit within 28 working
days.
Damage and breakage of the landlord's
fixtures, fittings and effects, lost inventory items etc, which
occur during the period of the tenancy will incur deductions from
your deposit. It is
important, therefore, that you look after the property during the
tenancy and take the utmost care to inspect the property and its
fixtures and fittings at the outset.
An inventory / statement of condition will be prepared
prior to occupation and must be agreed by you at the outset.
This
inventory / statement of condition will then form the basis of
assessment of the property's condition at the end of the tenancy
term. Fair wear and
tear will obviously be taken into consideration.
Damages that occur will be charged to your account, as will
invoices from contractors employed to undertake necessary repairs
or replace any items.
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5. PAYMENT OF UTILITY AND COUNCIL TAX
You are responsible for the payment of all
utilities (gas, electricity etc) during the tenancy and for the
payment of final bills.
You are required
by law to inform the Council Tax Registrar of your change of
address and pay the appropriate council tax.
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6. LEGAL NOTICES & TENANCY AGREEMENT
Before you sign for a tenancy you will be
given a copy of the tenancy agreement and any appropriate notices.
Read these carefully and ask us questions if you are unsure
of any point.
During
the tenancy term you have the right to enjoy the property without
interruption provided that you abide by the terms and conditions
of the tenancy agreement. However,
we, as agents for the landlord, have an obligation under our
contract with the landlord, to inspect the property at regular
intervals. We
undertake to do this at approximately 3 monthly intervals, but at
more frequent intervals if deemed necessary. We will write to you
to make a mutually convenient arrangement prior to such an
appointment.
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7. INSPECTIONS
Inspection
of the premises is primarily undertaken to ensure that you, as the
tenant, are in all respects observing the conditions of the
tenancy agreement, though this is not the only consideration of
management. It further
allows the opportunity for you to discuss with us any problem that
might be experienced relating to the property and for us to
consider repairs/decorations etc before they become a major
concern. If, however,
you experience any problems of maintenance or repair please notify
us immediately in order that appropriate action can be taken.
We have a number of trades people available to ensure that
delays are minimised.
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8. STAMP DUTY
For
exceptionally high rental values, under the Stamp Act 1891, there
may be a liability on the tenant to have the agreement stamped.
In these cases, the tenant is advised to seek independent
advice.
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9. RENT
Rent should be paid to us by the due date
each month. The method
of payment is by standing
order only, which should be set up 3 days in
advance of the due date to allow for clearance through the banking
system.
Where
there are a number of occupiers sharing accommodation each person
is jointly and severally liable to pay the rent as tenant and will
pay the rent as a whole. Each
tenant is jointly and severally responsible for the whole rent so
that they are equally liable for the non-payment of rent by one of
their co-tenants, should they fail to pay.
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10. END OF TERM
Preparations should be made to hand the
property back to us on the due date.
Arrange readings of meters and ensure that the authorities
have your forwarding address for the payment of all invoices
raised. In no
circumstances should you allow the authorities to disconnect
supplies. The
authorities should be informed that the managing agent will
contact them when the property is handed over and provide details
of the new account holder. This
may be the owner or a new tenant.
Inventory items should be placed in their
respective rooms to facilitate easy checking on handing over.
Read carefully the inventory/statement of condition, clean
curtains, carpets etc if required and generally prepare the
property for that final inspection. Liaise with us and arrange a
convenient time for handing over the premises.
We can advise of local trades people who will carry out all
cleaning/preparation at a most competitive rate.
Once
checking has been completed and deductions from your deposit
agreed (if any), the deposit or balance of deposit will be
returned to you.
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11.SUMMMARY
These
notes are intended to provide only a summary to assist you to
understand the obligations undertaken when you wish to rent a
property from a private landlord.
It is not the intention to give an authoritative
interpretation of the law. We hope that you have found them useful.
Please
do not hesitate to call, visit or e-mail us at any stage prior to
or during your tenancy if you wish to clarify any details.
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More information for Renters
1.
Basics
2.
Start your search
3.
View the properties
4.
Secure a place
5.
Check inventory
6.
Tenancy agreement
7.
Before moving in
8.
Lease ends

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